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Oil Rig Count Sees Small Loss As WTI Recovers To $70

The total number of active drilling rigs in the United States rose by 1 this week after rising by 3 last week

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Funds Could Play Bigger Role in Energy Capital Markets

The most recent example of the start of a change in global finance is the biggest Australian pension fund, AustralianSuper, which has opposed the now-failed $11-billion bid for Australia’s top energy retailer, Origin Energy.

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The Oil Demand Outlook that COP28 Leaders Would Hate

Resource investment managers Goehring and Rozencwajg reminded everyone watching COP28 and listening to all the talk about efficiency and demand for hydrocarbons that gains in the former never lead to a decline in the latter

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Oil Demand Will Take a Hit from Yet Another Decline in U.S. Manufacturing

U.S. manufacturing activity has declined for the 13th consecutive month, making this an unusually lengthy downturn, but in diesel demand has not followed a similar trajectory

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